You don't suddenly become the richest man in the world by just going to school and coming out with a first class or a second class certificate. You have to put your knowledge into things that can yield money. Be it, highly in demand skill or a business or working with an organisation. The reality is that you may never need your certificate if you are highly skilled in any of the most in-demand skills of this century.
I agree not everyone who has a good academic becomes the richest man in the world, nowadays many people become rich because of the effort he gives in his young time. Rather than wasting his time for parties, gambling, etc. he chooses to spend his time building the money stream from himself. Don't give up when we're trying and don't discourage because we don't have a good academic |
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Your kid maybe the one becoming rich when Bitcoin reaches its limit meaning we can't mine Bitcoin anymore, You can compare from Bitcoin at a low price ten years ago and compare to present times and you can imagine how rich you will be if you hold until the Bitcoin reach its limit. But we never know what will happen to Bitcoin in the future so use your money wisely
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Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
You're not late to buy BNB or any best altcoins out there as long as you keep your holding and not easily getting FUD. Don't wait until the price drop because we don't know the future market right now BNB is at a discount price due to recent bad news about crypto out there. |
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I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
Well, trading is very risky and plus when a kid trades it becomes more riskier but if a kid wants to "only" learn how to trade then we can give them a try and some guidance. Don't make them try to learn to trade and end up becoming an addiction because don't have the knowledge and depend on his luck. You can wait until he a little grow up because 4 years is not that long. |
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~snip~
Now, this does not sound very important, but it actually are one of the most critical things that needs to be addressed. We should counter all of these misinformed people, with education on what Bitcoin is, because they lose money on Ponzi schemes and then they blame it on Bitcoin.
They don't know about Bitcoin when talking like that, anything related Ponzi nowadays is always linked to cryptocurrency and making crypto bad for people who just want to join. I agree we should educate those people who always misinformed other people. |
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Since Altcoins are really volatile that make the investor feel afraid, doubtful, and uncertain easily. But many people choose altcoins because they believe they can earn a lot of profit from investing there rather than Bitcoin it's not that very volatile if we compare it to Bitcoin although we know that crypto is really volatile.
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~snip~
I've seen alot of projects did so well during the bull market, but now I'm wondering is bear market will affect the progress of a new project...
If a new project can survive during a bear market, it will become a good sign to invest because they have a good utility to maintain its token price, they have good communities which support in the bear market, they got a real roadmap which whatever it's bear or bull they keep to develop their project. Launching a new project during bear market will be the tough one because we need to know the right utility in bear market, we need to search good community to support the project, and raising enough funds is hard due to a lot of people not being interested to invest in crypto during a bear market. |
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~snip~
how was it like?
Well I have one experience or two maybe because there was an emergency case in my family and I need something fast so I decide to sell some of my Bitcoin to clear the problem in my family, one year later Bitcoin go boom and I end up to feel regret when selling my Bitcoin that time. Well later I decide to invest to use that money that I can afford to lose and far from an emergency use case. |
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~snip~
This is how the young generation can easily get detracked because of a lack of knowledge. I was really sad to see people don't want to accept reality or even research.
Yeah I agree, nowadays young people are really easy to be tricked by small differences. Maybe he insists to say that Bitcoin because he sees the potential of that coin  Maybe surpassing Bitcoin? Well, the difference between that coin and Bitcoin is already visible, its name, its price, its popularity, etc. |
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I have heard about Bitcoin back in 2017 but never got to learn regarding about it. I always thought that crypto was a fluke and that it would definitely not be a type of transaction until pandemic happens. So, as the title would suggest, is it too late to start investing on crypto? And if not, what would be the essentials to learn on working on it?
No you're not late, those people who invest in the bull run is the one who is late I guess. Right now the price is somewhat at discount again from 25k$ to 21k$. As long as you know the risk to invest in crypto and you already know the basic then you're set to go, don't ever get FOMO or FUD from other people it can ruin your investment strategy. |
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Of course I suggest re-thinking the impact or losses that we will experience if the market drops, sometimes the market drops significantly and as is currently happening that the price has dropped by more than 60% compared to ATH in 2021, if we want to take a loan to invest in bitcoin then i suggest to pay in long term eg 5 years. so that we don't panic when prices drop on a daily basis as is happening now.
Just don't take a loan at all, we never know what happen in the future for example 5 years in the future maybe Bitcoin is not as worth like now or maybe Bitcoin is worth 10x from its current price. Although we know that Bitcoin always makes new ATH after halving but nothing is guaranteed in crypto like we know that LUNA is the top crypto but it falls, we know that FTX is the top exchange but it falls too. |
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Is it safe to invest in Defi projects that has it's own Stablecoin? There is one project I like but the thought of having a stablecoin makes me feel unsafe about the project, we all know how such projects always end up, the mess with Luna and it's stable coin still lives in me till date.
You need to know how the stablecoin in that project works if it works like Luna then you can find the other project. We are never able to guarantee what is safe in cryptocurrency since they all have big risks with big returns, if you want to feel safe you can choose stocks for little risk. Don't forget that most stablecoin in crypto is not 100% backed by real fiat money so careful when choosing. |
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Watching the current market and the demise of ALL crypto ... is this the end for certain coins?
How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?
Maybe some coins are already dead because they can't survive the bearish and some other coins can't keep up with the trend in the crypto space so they end up abandoned by their community. Right now a lot of coins updating their roadmap and their services to the trend. We will see a lot of projects already supporting NFT, Metaverse and Web3 because they don't want to be left behind. |
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I have a good amount of btc that I'm very pleased with. I love btc. Are there any other coins you guys could recommend I buy next? (none of your comments count as financial advice)
Well, I need to know why you want to buy other coins if you love bitcoin, it's better to keep hold of Bitcoin and increase your bag. There are a lot of coins out there with their own utilities so if you want to buy other coins make sure to choose the coin that has a lot of utilities since it will become useful for long term. Don't ever FOMO in buying altcoins it can become your own grave so make a plan and make a target |
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